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missouri businessman is posing as a secret santa giving away $100,000 in hundred dollar bills to hurricane sandy survivors. this generosity is matched only his humility. he insists on remaiing anonymous and not being photographed all. here is a clue. he and his security entourage have been spotted with red caps watch with the word. [indiscernible] we all love hundred dollar bills, but not everyone feels the same way about the dollar bill. a new report arguing we should get rid of the dollar bill and replace it with a heavier, but longer lasting dollar oin. why? they say because doing so would save us about $146 million per year. if we want to wage a war on currency, maybehey should think about getting rid of the penny. by some estimates it would save the $60 million per year. it costs to and a half cents to make every penny. now, that is a government at work. two and half cents for every penny. president obama planning to meet with governors next week as part of his effort to talk with people about avoiding the fiscal cliff. members of the national governors' association executive committee meet
missouri businessman is posing as a secret santa giving away $100,000 in hundred dollar bills to hurricane sandy survivors. this generosity is matched only his humility. he insists on remaiing anonymous and not being photographed all. here is a clue. he and his security entourage have been spotted with red caps watch with the word. [indiscernible] we all love hundred dollar bills, but not everyone feels the same way about the dollar bill. a new report arguing we should get rid of the dollar...
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Dec 8, 2012
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also while sandy cost the economy 10s of billions of dollars. the construction agency is announcing a bump in business as folks begin to rebuild what they lost. rick lesson thowl in the hard hit new york city borough of staten island live for us there tonight. hey, rick. >> hi, shepard. sandy's silver lining repairing damaged homes requires materials like lumber and sheetrock and wiring and real pairing those requires skilled labor. >> before hurricane sandy, anthony had to lay off two workers and was about to lay off more. now this electrical contractor is hiring with more business than he can handle. >> people want their work done right away. we are working to get that done for them. >> i'm a firm believer of taking the work while it's there. so i really don't pass up too much. if we have to work saturdays and sundays we will. >> many in the northeast were hit hard by the storm including descrawnts and retrailers. the construction agency was booming. landscapers, carpenters all seeing big demand. economists caution it's a short-term boost. >>
also while sandy cost the economy 10s of billions of dollars. the construction agency is announcing a bump in business as folks begin to rebuild what they lost. rick lesson thowl in the hard hit new york city borough of staten island live for us there tonight. hey, rick. >> hi, shepard. sandy's silver lining repairing damaged homes requires materials like lumber and sheetrock and wiring and real pairing those requires skilled labor. >> before hurricane sandy, anthony had to lay off...
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Dec 4, 2012
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make it to the hurricane sandy victims. the people have a big heart but they do not thing after the fact whether it could be a good idea to help those folks affected on the ground rather than the huge bureaucracies that presumably will help them on the ground. there is something wrong with the process that reduces the amount of money you get to a fraction of what was handed out. >>guest: it is essentially the money is laundered through the washington bureaucracy. we have seen this years ago blue are talking about welfare or any other program by the time the money reaches the intended victim it has been essentially fleeced. that is walk, one of the things that washington is really effective at. they know how to fleeces they know how to get each level bureaucracy to get theirs, essentially. >>neil: you seize on the emotional moment. thank you, thank you. and now, a charity bell ringer was turned away. and he claims women are to blame. .. >>neil: imagine walking into your first day of work and seconds later being told it will
make it to the hurricane sandy victims. the people have a big heart but they do not thing after the fact whether it could be a good idea to help those folks affected on the ground rather than the huge bureaucracies that presumably will help them on the ground. there is something wrong with the process that reduces the amount of money you get to a fraction of what was handed out. >>guest: it is essentially the money is laundered through the washington bureaucracy. we have seen this years...
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Dec 3, 2012
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new numbers show who is getting the highest marks for handling the sandy storm damage and mayor booker puts his stamp on a big devat. first the white house stressed again it would not accept the use of any chemical weapons in s syria. secretary of state hillary clinton called it a red line for the united states. >> i'm not going to telegraph what we would do that the regime has resorted to using chemical weapons but we are certainly planning to take action if that is a very strong warning to the assad regime that their behavior is reprehensible. >> clinton did not say if the u.s. had any new evidence to suggest they are planning to use a stockpile of missiles they are believed to have. watts told politico the defeat is evidence that their party needs to broaden its appeal to minority voters. priebus has announced he is seeking a second term. party insiders say out of the 168 votes from members who get to pick, he has 130 of those locked up publicly. nbc news has learned president obama will ask the dnc to approve keeping debbie wasserman schultz as chair. the fact the president carries
new numbers show who is getting the highest marks for handling the sandy storm damage and mayor booker puts his stamp on a big devat. first the white house stressed again it would not accept the use of any chemical weapons in s syria. secretary of state hillary clinton called it a red line for the united states. >> i'm not going to telegraph what we would do that the regime has resorted to using chemical weapons but we are certainly planning to take action if that is a very strong warning...
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Dec 2, 2012
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and part of that is due to sandy. there were $18 billion in lost wages and salaries from sandy. it really hit, although it didn't hit the nation, it will have an impact on g.d.p. and on unemployment. in october, we also saw that there was a decrease in purchases, adjusted for inflation, the biggest in three months. so, there was a definite stoppage, this was a populated area with an impact. >> when do we expect the numbers will come back? >>guest: there is one positive impact in terms of the economy. you have workers, construction workers coming from all over the country who have been unemployed to help rebuild and we are expecting there could be a half percentage point increase in economic growth next year because of this rebuilding effort. >>heather: is that construction jobs or over all? >>guest: in the reconstruction, rebuilding and infrastructure. this is not the way that we want economic growth but there is one side where people are getting jobs who did not have them before. >>heather: and another increase in auto sales? >>guest: so many of the cars were flooded out and th
and part of that is due to sandy. there were $18 billion in lost wages and salaries from sandy. it really hit, although it didn't hit the nation, it will have an impact on g.d.p. and on unemployment. in october, we also saw that there was a decrease in purchases, adjusted for inflation, the biggest in three months. so, there was a definite stoppage, this was a populated area with an impact. >> when do we expect the numbers will come back? >>guest: there is one positive impact in...
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Dec 9, 2012
12/12
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chris and sandy's twin boys were just entering high school. when this case is heard, they'll be getting ready to graduate from high school. their moms deserve the same freedom to marry just as everyone else has in this country. >> isn't it true when we had this in the court at the appellate forward nobody came forward because nobody could come up with a justification, compelling reason. you raised it. there's no compelling reason against giving the right to people the right to marriage. >> that's exactly right. important to note in both of these cases, the united states government has refused to defend doma, the federal law before this court. when we filed the case in california, as one has to do, we sued the governor at the time, arnold schwarzenegger and our attorney general at the time, jerry brown, the current governor. both responded by refusing to defend the case and ultimately joined our signed the case and said it was fundamentally and unconstitutional law and they weren't going to defend it. the judge in our case. chief judge von walk
chris and sandy's twin boys were just entering high school. when this case is heard, they'll be getting ready to graduate from high school. their moms deserve the same freedom to marry just as everyone else has in this country. >> isn't it true when we had this in the court at the appellate forward nobody came forward because nobody could come up with a justification, compelling reason. you raised it. there's no compelling reason against giving the right to people the right to marriage....
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Dec 6, 2012
12/12
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hurricane sandy was the most destructive ever reported. it's the combination of the warmer ocean temperatures make the storms stronger, feeds it more water and then the sea level rise. it's going to be get higher and higher and it's going to make the storm surges like sandy worse and worse. people should know we still have time to act. we can still avert the worse but time is certainly running out. >> cenk: one of theout. >> eliot: one of the things critical is the increase of earth temperature and once above that we see the impact environmentally. where are we now and how long will it take, and what must we do right away to minimize the impact we're going to see? >> we're at about eight degrees centigrade warming a little below a degree fahrenheit. if we hit 3.5-degrees fahrenheit we're risking serious impacts. what we need to do now is negotiate. the world climate negotiators are meeting right now and the united states is there. we need some leadership. >> eliot: the leadership, though--let me ask this question this way. we know that the
hurricane sandy was the most destructive ever reported. it's the combination of the warmer ocean temperatures make the storms stronger, feeds it more water and then the sea level rise. it's going to be get higher and higher and it's going to make the storm surges like sandy worse and worse. people should know we still have time to act. we can still avert the worse but time is certainly running out. >> cenk: one of theout. >> eliot: one of the things critical is the increase of earth...
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Dec 4, 2012
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commerce department says it's not mostly sandy. it's other stuff. we are expecting home building to have the first positive impact on construction this year since 2005 think about that that's very good news. sandy will have a impact next month. >> haven't been able to get in there much yet. >> that's right. >> gerri willis, good to see you. >> good to see. >> you there is a shortage of small town doctors, anybody in a small town knows that national health fewer than 10% practice in rural areas. even though a quarter of the u.s. population lives there but medical schools are trying to reverse the trend. alicia acuna with more on that from our rockie mountain newsroom. >> hi, shep. this is an idea in the works by the university of kansas medical school. they have opened up satellite campus small town educating future dock norris a place where they will see patients. these medical students in salina kansas are pioneers. >> it's a great feeling because we are doing something that nobody has done before. >> attending what may be the smallest school in th
commerce department says it's not mostly sandy. it's other stuff. we are expecting home building to have the first positive impact on construction this year since 2005 think about that that's very good news. sandy will have a impact next month. >> haven't been able to get in there much yet. >> that's right. >> gerri willis, good to see you. >> good to see. >> you there is a shortage of small town doctors, anybody in a small town knows that national health fewer...
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president is calling in his fiscal cliff negotiations for some stimulus spending doesn't hurricane sandy prove we need it here's an opportunity to. take this we have a few minutes every year of warden a trillion dollars in deficit spending at this point the president obama is like a doctor running a thousand votes with a patient who is not recovery yet if there's an argument for spending more to help the people who were damaged when the federal weather service didn't warn them about the incoming storm but the larger point is this country has been following that policy for so long that we are near because if we did come you know did warn them about it and the wheels are coming off because since the reagan administration we have not been spending money on infrastructure in the united states look around you most of the infrastructure was built in the fifty's sixty's seventy's and early eighty's and then we. spend it on government run health care going to star wars which is four trillion dollars is not to blame for what's actually happening in new york because of the storms right now and the
president is calling in his fiscal cliff negotiations for some stimulus spending doesn't hurricane sandy prove we need it here's an opportunity to. take this we have a few minutes every year of warden a trillion dollars in deficit spending at this point the president obama is like a doctor running a thousand votes with a patient who is not recovery yet if there's an argument for spending more to help the people who were damaged when the federal weather service didn't warn them about the...
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Dec 4, 2012
12/12
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. >> i don't think all it have it will be explainable by superstorm sandy. i think a lot of it is pulling back. you've seen the capital investment. >> we have to move on but i have to push back on one thing. are we talking about two different things? when we got downgraded the market went down hard. more than a trillion in value. >> but the market price. the market came right back and actually went to new highs not that long after that. once the knee jerk reaction was done. the market is being sensitized to it right now. and that's a good thing. >>> two companies that issued special dividends ahead of the fiscal cliff and if you're keeping score at home that's 103 companies thus far this quarter valued at more than $22 billion. so we see this continued parade of companies just coming out and issuing special dividends whether it's by debt, with debt, or cash on the balance sheet. >> the big one there, scott, is costco. last week when costco made the announcement, it was up 5%, almost 7% on the news. oracle moves their dividends up and the stock is flat to dow
. >> i don't think all it have it will be explainable by superstorm sandy. i think a lot of it is pulling back. you've seen the capital investment. >> we have to move on but i have to push back on one thing. are we talking about two different things? when we got downgraded the market went down hard. more than a trillion in value. >> but the market price. the market came right back and actually went to new highs not that long after that. once the knee jerk reaction was done....
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Dec 8, 2012
12/12
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sunset ♪ ♪ >> danny and sandy together again. teaming up for a new christmas album. and if this music video is any indication, let's just say, it will be one of a kind. and that is the week that was. >> what a week it's been. >>> well, the ceo of netflix is under investigation and it's all because he was bragging on his facebook page, apparently. we'll explain. e district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. maybe you want to incorporate a business. or protect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer qu
sunset ♪ ♪ >> danny and sandy together again. teaming up for a new christmas album. and if this music video is any indication, let's just say, it will be one of a kind. and that is the week that was. >> what a week it's been. >>> well, the ceo of netflix is under investigation and it's all because he was bragging on his facebook page, apparently. we'll explain. e district. the writer's desktop and the coordinator's phone are working on a joke with local color. the...
WHUT (Howard University Television)
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Dec 5, 2012
12/12
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WHUT
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we have seen from hurricane sandy, it is affecting the united states. look at the drop in texas. it is in the interest of the people of the u.s. to act and take leadership in the world so that the world can act. everyone is looking to the u.s. because it is the richest country per-capita. it is most responsible for climate change, historically, and even today, the most important polluter. if the u.s. does not act, that will depress other countries. as i said, president obama, in his first term, he promised a lot. when the united states came back to the negotiations under obama's leadership, there was a standing ovation. the u.s. is back and they will take the lead. unfortunately, it prevented others from acting, and it is actually in danger of doing worse than what bush did. bush said, i do not believe in a climate change. if you want to do something, do it and leave me alone. but this present team says we are the leaders of the world. if we cannot do much, we do not want others to do much. i hope in his second term president obama will show more of leadership. we know he has pro
we have seen from hurricane sandy, it is affecting the united states. look at the drop in texas. it is in the interest of the people of the u.s. to act and take leadership in the world so that the world can act. everyone is looking to the u.s. because it is the richest country per-capita. it is most responsible for climate change, historically, and even today, the most important polluter. if the u.s. does not act, that will depress other countries. as i said, president obama, in his first term,...
WHUT (Howard University Television)
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Dec 6, 2012
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and compare it to new york and new jersey alone after hurricane sandy asking for $60 billion, to deal with one storm. >> secretary clinton was on the front foot in copenhagen. she is the one that announced its $100 billion commitment from developed countries. we're here from the u.s. is, we put some money on the table to start things up but we cannot tell you when the rest of the money is coming and how much it will be. it is easy to say that it is all about the budget process, so let us remind ourselves, during the financial crisis, the money to save the banks was very quickly forthcoming. depending on who you ask it was either $700 billion or $12 trillion. that just shows when you have the political will, you could find the money. what we would like to see from the united states, he will let them to be a leader on that finance. it is not about giving a present to poor countries. it is insurance for people living in the united states, that we are going to help the world. we are about to get a change of the state department. this is a tremendous opportunity to reset climate policy. th
and compare it to new york and new jersey alone after hurricane sandy asking for $60 billion, to deal with one storm. >> secretary clinton was on the front foot in copenhagen. she is the one that announced its $100 billion commitment from developed countries. we're here from the u.s. is, we put some money on the table to start things up but we cannot tell you when the rest of the money is coming and how much it will be. it is easy to say that it is all about the budget process, so let us...
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Dec 2, 2012
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. >> it is call would camp sandy. a bus driver picked up 32 kids and their parents and brought them to gateway academy in staten island. >> it is fun. they shared their story and arts and crafts and zoomba and burn off their energy and take nonperishables from a distribution center. >> these kids are hero to me. what they have gone through i couldn't go through this time of year. >> many parents are expressing concerns to politicians in a new door town hall meeting. >> we go to home openers and fem a. home opener's insurance offered me $150 what can i do with that. fema ain't doing nothing. denied. denied. >> evacuees say this time of entertainment and fellowship is much needed. >> i am happy and you could see it in their eyes and they want to come back and they know better. >> in this distribution center is exive and partners can pick up nonperishables. >> what are they happening out. meals ready to eat and diapers and baby formula and even tools. the distribution center and camp is only what is going on in gate way
. >> it is call would camp sandy. a bus driver picked up 32 kids and their parents and brought them to gateway academy in staten island. >> it is fun. they shared their story and arts and crafts and zoomba and burn off their energy and take nonperishables from a distribution center. >> these kids are hero to me. what they have gone through i couldn't go through this time of year. >> many parents are expressing concerns to politicians in a new door town hall meeting....
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Dec 5, 2012
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. >> president obama will soon ask congress for tens of billions to help super storm sandy victims. but even that may not be enough to repair the damage done. the latest on fema's money problems. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>trace: the young girl whose mother pulled her out of a hospital cancer ward is getting treatment in mexico, that is what the father tells nbc news. here is the surveillance video from last week. police say that is the mother and daughter walking right out of the hospital in phoenix. with equipment still inside the girl's heart. her name is employ. she is 11. her father now tells nbc that she is doing well, and he blames the arizona hospital for an infection that forces doctors to cut off her arm. and for pressuring the parents over medical bills. cops say the family lives a "nomadic life" and they add the parents could face criminal neglig
. >> president obama will soon ask congress for tens of billions to help super storm sandy victims. but even that may not be enough to repair the damage done. the latest on fema's money problems. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>trace: the young girl whose mother...
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what are they celebrating, remember that they have not fallen to level that prevailed before hurricane sandy. what is more, there are few if any indications they will get that that neck of t woods any time soon. big layoffs at citigroup, what is that 11,000? lingering fallout from thousands of jobs lost at hostess. all i'm saying is, when you look at this news, and it still interpreted as good, only make me thing, that mainstream media is stillushing for the president or democrats. well, the guy got reelected. you don't have to pretend any more, it upsets me, tye young, what do you make of this. >> neil thank you, we have wall street ling people off, main street laying people off, market flat lining up and down one week to the next. just like it was before it crashed in 28, unemploymt number 7 .9% that is very high, real unemployment maybe is almost 17%, and the washington post tells us that ignore it because of hurricane sandy, that is ridiculous. my clients are business owners, they tell me that the cost of living and cost of doing business is going up, t availabilityf business loans is no
what are they celebrating, remember that they have not fallen to level that prevailed before hurricane sandy. what is more, there are few if any indications they will get that that neck of t woods any time soon. big layoffs at citigroup, what is that 11,000? lingering fallout from thousands of jobs lost at hostess. all i'm saying is, when you look at this news, and it still interpreted as good, only make me thing, that mainstream media is stillushing for the president or democrats. well, the...
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Dec 9, 2012
12/12
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kids go on and write a letter to sandy. when hurricane sandy hit, i was here. >> alisyn: and you have pictures that children draw, and hope the viewers can see them. and vie what this picture is, you see the stick figures and you see what? >> this is the kid being rescued. this is a fire engine and the kids and family being rescued. >> clayton: and you asked the kid-- you had another one, with a tree. >> a tree falling and e-mailed the picture. these are pictures from hoboken from kids at the center since they have no internet and still don't. >> this is interesting, because people had to deal with fraud and all sorts of things, but you go to the website and how do you make sure that the toys you're able to give out go to the kids that need it. >> we vet their addresses and where they were during the storm. since most aren't where they were, because they're all displaced, we have them give us an address to ship to during the last week in december, third week in december and amazon ships directly to them and so we maintain t
kids go on and write a letter to sandy. when hurricane sandy hit, i was here. >> alisyn: and you have pictures that children draw, and hope the viewers can see them. and vie what this picture is, you see the stick figures and you see what? >> this is the kid being rescued. this is a fire engine and the kids and family being rescued. >> clayton: and you asked the kid-- you had another one, with a tree. >> a tree falling and e-mailed the picture. these are pictures from...
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Dec 7, 2012
12/12
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>> well, keep in mind one of the reasons expectations were so low going into this one was hurricane sandy which everyone expected to be a temporary effect. that didn't material az somewhat mi mysteriously and the labor department indicated it had no impact on the number. you're right, this is not good enough. this is a treading water pace of jobs. it is more of the same. it's not particularly good in the quality of jobs being created so net net i think it's okay but certainly not what we'd like to see. >> maybe, tom, it is not that we are a nation of pessimists. it is that we're a nation of realists. maybe sort of from a strk turl long point of view we just have to get used to this. >> that's a great point. 150,000 is not good enough depending on your expectations for growth. if you're looking for 1.5% to 2% growth you are probably in the sweet spot. but if you are looking for something more, looking for 2.5% to 3% growth you need much more job growth to see that outcome. but we're not there. we don't think we'll get there. there's still too many headwind facing the small business segment
>> well, keep in mind one of the reasons expectations were so low going into this one was hurricane sandy which everyone expected to be a temporary effect. that didn't material az somewhat mi mysteriously and the labor department indicated it had no impact on the number. you're right, this is not good enough. this is a treading water pace of jobs. it is more of the same. it's not particularly good in the quality of jobs being created so net net i think it's okay but certainly not what...
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Dec 8, 2012
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finding space for the thousands of volunteers who stepped up in the aftermath of superstorm sandy has proven to be a tall order. that's where this ship comes in, the ss wright. it is now home away from home for a couple hundred volunteers from the american red cross and fema core. they are staying together and eating together and playing games and watching sports together, yet it is in patriotic living quarters. and they are manning the 27 disaster recovery centers set up in the tri-state area. many are young and even just right out of high school. it is an interesting dynamic as many of the red cross volunteers are older. retired health care workers. it can be trying. being around storm victims and devastation at times is emotionally exhausting. >> the hardest part for me that i am not able to give them immediate assistance. you have to sign up at first. you have to wait. you have to go through the process. you have to get evaluated and awful that stuff. it is different from the red cross where if you need a lunch they give uh lunch. >> and the living quarters are less than luxurious
finding space for the thousands of volunteers who stepped up in the aftermath of superstorm sandy has proven to be a tall order. that's where this ship comes in, the ss wright. it is now home away from home for a couple hundred volunteers from the american red cross and fema core. they are staying together and eating together and playing games and watching sports together, yet it is in patriotic living quarters. and they are manning the 27 disaster recovery centers set up in the tri-state area....
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Dec 3, 2012
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start first with the impact of sandy. is there one specific automaker that you think will benefit more from the impact of sandy as dealers have to reorder new cars? >> historically, actually trucks do better. they do better because you've got dealers taking care of inventory and you also have people going out that are in the business of basically doing work with trucks and they'll use this as an excuse to get it. you're looking probably at ford and gm on the truck side taking a lot. gm needs that upswing in trucks lig right now. >> how does this get counted as sales? customers may not have the cars yet but dealers are ordering the cars to try an make up for lost inventory. is that correct? >> basically, yeah. the minute the car or truck gets put on the haul-away, whether a rail head or a truck, that's when it transfers to the dealer. when you get down to it, the car companies don't sell cars to customers. their customer is the dealer and the dealer resells them. when you see sales you aren't seeing registrations. as a res
start first with the impact of sandy. is there one specific automaker that you think will benefit more from the impact of sandy as dealers have to reorder new cars? >> historically, actually trucks do better. they do better because you've got dealers taking care of inventory and you also have people going out that are in the business of basically doing work with trucks and they'll use this as an excuse to get it. you're looking probably at ford and gm on the truck side taking a lot. gm...
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Dec 9, 2012
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for new victims of hurricane sandy this is their home. the government ships usually dedicated to the marine corps is docked on staten island and for now red cross workers and americorps members are calling it home. anna koyman served the ship. >> with all of those people the question becomes where do you put them? >> the core volunteers are living in an unconventional place. on board the ship the ss right. >>> not only helping people but it is an adventure. >> volunteers have been assisting super storm sandy victims. volunteers are serving 27 disaster recovery still set up in the tri-state area. >> they are the first people they see when they come off the street. >> the volunteers are building relationships with the storm's survivors. >> you eat together, you sleep together, work together. >> it can be mentally exhausting. >> not only do you work with people in the shelter but we work with the volunteers. >> the living quarters are less than luxurious. >> i didn't know i was going to sleep in a coffin. >> wherever i am assigned. >> even i
for new victims of hurricane sandy this is their home. the government ships usually dedicated to the marine corps is docked on staten island and for now red cross workers and americorps members are calling it home. anna koyman served the ship. >> with all of those people the question becomes where do you put them? >> the core volunteers are living in an unconventional place. on board the ship the ss right. >>> not only helping people but it is an adventure. >>...
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Dec 7, 2012
12/12
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talking about sandy, there seems to be a lack of sandy effect as some had thought initially. we see a pullback, a little less than half of a percent. we have positive indications there that says the job market is doing better, too. what's your thought here? what drove this unexpected gain in jobs, basically double what some consensus numbers were? >> i think part of it is the data in which it was collected. we had an early thanksgiving so seasonal hiring for the holidays offset the superstorm sandy. in addition, i think -- and where i would differ from jared just a little bit and we rarely do -- the underlying economy is consideri considerably stronger. if you take into account the number of baby boomers that are retiring, that has not been talked about and does effect the labor force participation rate. the broadest measure of unemployment, the unemployed and those who left the workforce fell to 14.7%. so i think things are getting better. what i'm most afraid of is the type of talk we heard from speaker boehner and maxine waters. they are taking us to the cliff on both side
talking about sandy, there seems to be a lack of sandy effect as some had thought initially. we see a pullback, a little less than half of a percent. we have positive indications there that says the job market is doing better, too. what's your thought here? what drove this unexpected gain in jobs, basically double what some consensus numbers were? >> i think part of it is the data in which it was collected. we had an early thanksgiving so seasonal hiring for the holidays offset the...
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obviously sandy falls in that as a catastrophic disaster. it will be in addition to existing disasters we are working. >> some of the temporary housing assistance be provided will soon be expiring. but there be opportunities for renewal? you've heard one of the things he wanted to do was have had to explain what they doing and will not be sufficient? we were in new york and also manhattan, which is a whole unique venue for disaster in staten island, i guess long island, new jersey has very unique housing requirements and also higher costs. hud has committed to in the president says they will coordinate with your efforts. >> mr. chairman, the housing program were actually looking at three pretty substantial areas. the first was the temporary sheltering and that is where maybe the home was destroyed but they couldn't get back in. they had power outages or other damages. we would provide in cooperation state request on a car share basis short-term, namely hotels, motels measured in weeks and we are extending as the states requested. the traditi
obviously sandy falls in that as a catastrophic disaster. it will be in addition to existing disasters we are working. >> some of the temporary housing assistance be provided will soon be expiring. but there be opportunities for renewal? you've heard one of the things he wanted to do was have had to explain what they doing and will not be sufficient? we were in new york and also manhattan, which is a whole unique venue for disaster in staten island, i guess long island, new jersey has...
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Dec 5, 2012
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it may have been reduced by 86,000 because of hurricane sandy. but there was a good number today which was the ism data when it comes to the services sector. you can see it was up. there's the adp data. but i want to talk about the services sector which was up a bit more than expected. then what you had, business activity was up, new orders were up, employment was the one thing that was down. i don't know if that's a sandy effect. that could be also, by the way, a fiscal cliff effect. zplint vi >> interviewing secretary geithner later today. what's your first question going to be? >> i want to get his response -- we had the president respond to boehner's proposal but i want to get the secretary's response, too, the specific issue of, hey, the republicans looked like they made a step forward, actually got some accolades in some of the press for agreeing to new revenues. where's the administration's response on that side? are they willing to give? i think that's a key question right now in terms of what the news flow is right now but also there's c
it may have been reduced by 86,000 because of hurricane sandy. but there was a good number today which was the ism data when it comes to the services sector. you can see it was up. there's the adp data. but i want to talk about the services sector which was up a bit more than expected. then what you had, business activity was up, new orders were up, employment was the one thing that was down. i don't know if that's a sandy effect. that could be also, by the way, a fiscal cliff effect. zplint vi...
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Dec 5, 2012
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the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's start with bigger of the two deals. freeport's purchase of plains. approximately $6.9 billion in total now. it's a cash and stock deal. .6531 shares and 39 bucks a share in cash. that adds up to $50 a share. that's a fairly significant premium when we look at
the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal....
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Dec 3, 2012
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particularly because of sandy, shut-in, buy. how about google? google got crushed after reported disappointing quarter. the culprit? people switching from desktop to mobile. as google makes less money on mobile advertisers. nevertheless, google has been coming back as the company is still the sultan of search, a business still growing in high teens. we've seen how quickly facebook was able to adapt to the new mobile advertising environment, once google has seen that new rocketship, i see no reason why google should be any different. especially since google owns android. they need to figure out how to monetize it better. something the company is doing by releasing its own line of smartphones and tablets. google is sold out until after christmas. of the growth stocks, i got to admit i like google less than i did before the bad quarter if you're trying to figure out which of these stocks worries me the most, it's google, it's become a show-me situation. how about visa and master cad? both up decently since i recommended them in october. these are bo
particularly because of sandy, shut-in, buy. how about google? google got crushed after reported disappointing quarter. the culprit? people switching from desktop to mobile. as google makes less money on mobile advertisers. nevertheless, google has been coming back as the company is still the sultan of search, a business still growing in high teens. we've seen how quickly facebook was able to adapt to the new mobile advertising environment, once google has seen that new rocketship, i see no...
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Dec 8, 2012
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. >>> president obama asking congress for billions in relief after super storm sandy but is it enough to cover all the damage? we'll tell you how much he's asking for. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. and the active ingredient relieves your cough. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get hap
. >>> president obama asking congress for billions in relief after super storm sandy but is it enough to cover all the damage? we'll tell you how much he's asking for. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows....
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Dec 8, 2012
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for more than 60 billion dollars to help east coast states recover from the devastation of superstorm sandy. while lawmakers in new york and new jersey call it a good start. they add, it won't cover everything. peter doocy live with details. >> kelly, new york governor. rather new jersey governor chris christie and andrew cuomo initially asked washington for about 79 billion dollars to rebuild their states and they are now thanking the president for his 60.4 billion dollars commitment and the white house wrote a letter to congress yesterday that says these are funds necessary to finance a needed recovery effort and to help the the region prepare for future challenges, including future severe storms and coastal flooding, swells impacts associated with a changing climate. but, amid the debt debate in d.c., there are questions how easy it will be to get congress to write such a big check and speaker boehner's spokesman says we will review it and al rogers says it's up to congress to help those hurt by sandy, but also our responsibility during these tight budget times to make sure that the vict
for more than 60 billion dollars to help east coast states recover from the devastation of superstorm sandy. while lawmakers in new york and new jersey call it a good start. they add, it won't cover everything. peter doocy live with details. >> kelly, new york governor. rather new jersey governor chris christie and andrew cuomo initially asked washington for about 79 billion dollars to rebuild their states and they are now thanking the president for his 60.4 billion dollars commitment and...
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Dec 3, 2012
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how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's where you have to look, to see what the trend was beforehand. >> okay. now europe. you know, there was a little bit of a -- a confusion this morning when spain asked for a bailout. they're talking bank bailout, country bailout, new program. rates are down. i've seen many stories, if this is really going to be a positive rates being down, we have to really draw in more global investors. do you think that will happen ultimately? >> ultimately, i do think it will. any time europe gets pushed to the background, i'm kind of pleased. as long as their banking system isn't going to affect ours, i think we can
how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's...
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even children whose neams were right in the path of super storm sandy. we are live on the ground in jersey. that's next. i've worked hard to build my family. and also to build my career. so i'm not about to always let my frequent bladder urges, or the worry my pipes might leak get in the way of my busy lifestyle. that's why i take care, with vesicare. once-daily vesicare can help control your bladder muscle and is proven to treat overactive bladder with sympts of frequent urges and leaks day and night. if you have certain stomach or glaucoma problems, or trouble emptying your bladder, do not take vesicare. vesicare may cause allergic reactions that may be serious. if you experience swelling of the face, lips, throat or tongue, stop taking vesicare and get emergency help. tell your doctor right away if you have severe abdominal pain, or become constipated for three or more days. vesicare may cause blurred vision, so use caution while driving or doing unsafe tasks. common side effects are dry mouth, constipation, and indigestion. i've worked hard to get to
even children whose neams were right in the path of super storm sandy. we are live on the ground in jersey. that's next. i've worked hard to build my family. and also to build my career. so i'm not about to always let my frequent bladder urges, or the worry my pipes might leak get in the way of my busy lifestyle. that's why i take care, with vesicare. once-daily vesicare can help control your bladder muscle and is proven to treat overactive bladder with sympts of frequent urges and leaks day...
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Dec 5, 2012
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in putting in new jersey because new jersey is the 40th anniversary of bruce springsteen and because sandy affected new jersey, too. they are bouncing back, too. and the sixth -- >> maybe you'll get a sighting of chris christie, and he will swear at you. >> that's an added bonus, getting sworn at. >> in jersey, it's a badge of honor. i worked in jersey for a long time. it's great to meet you. beautiful pictures too. for more on this list, check out cnn.com. it's awesome. >>> it's been a really big day in washington state tomorrow for some people because any adult there is going to be able to smoke marijuana legally. tomorrow. just a little bit, though. like an ounce, which to some people is not a little bit, but you don't need a reason. you don't need glaucoma or trouble sleeping. no medical reason at all. this might keep you awake. it is still illegal under federal law month matter whether you are in washington, colorado, which is in a month, or anywhere else. the state actually -- washington hasn't even checked yet with the feds to see how they're going to sort of deal with this lawinger
in putting in new jersey because new jersey is the 40th anniversary of bruce springsteen and because sandy affected new jersey, too. they are bouncing back, too. and the sixth -- >> maybe you'll get a sighting of chris christie, and he will swear at you. >> that's an added bonus, getting sworn at. >> in jersey, it's a badge of honor. i worked in jersey for a long time. it's great to meet you. beautiful pictures too. for more on this list, check out cnn.com. it's awesome....
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how hurricane sandy might've helped the car business. that's coming up next. and that new information on a murder suspect found dead in an alaska jail cell. why police say this man, who once tried to escape from courtroom, may be linked to a least seven other killings. [inaudible] but she loved it so much... i told her it was homemade. [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. jon: a fox news weather alert for you now. three back-to-back storms lashing parts of northern california this weekend creating quite a mess. in redwood city a huge tree completely knocks down a power line near one family's home. utility crews say this is why tens of thousands of people remain in the dark there. but the storm also producing a welcome sight. lots of snowy forecasters say actually helped contain many of the areas rising rivers. meteorologist maria molina live in the fox news weather center. >> jon, good to see you. that's right we saw a lot of heavy snow among higher elevations across portions
how hurricane sandy might've helped the car business. that's coming up next. and that new information on a murder suspect found dead in an alaska jail cell. why police say this man, who once tried to escape from courtroom, may be linked to a least seven other killings. [inaudible] but she loved it so much... i told her it was homemade. [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. jon: a fox news weather alert for you...
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Dec 7, 2012
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everybody suggested that sandy would have a significant impact. but the labor department itself is saying no, it did not. is that correct, peter? >> that's correct. and it's because of the way the labor department retrieves and asks businesses and people about their employment. for example, if you work for one hour during a week and there is a storm, you're still counted as employed. for you not to be counted as employed, you can work no hours and get no pay during the particular survey week. >> you've had a chance to go through the whole report. any other headlines stand out at you? >> well, we're substantially revisions in september and october. 50,000 fewer jobs created in those two months than had previously been expected and the labor department does say that we should get a better read of any possible impact of sandy on individual states and regions when they release other numbers, other reports on those in two weeks from now. >> peter barns, thank you very much. i will repeat this because it is a surprise, 7.7% is the unemployment rate. 146
everybody suggested that sandy would have a significant impact. but the labor department itself is saying no, it did not. is that correct, peter? >> that's correct. and it's because of the way the labor department retrieves and asks businesses and people about their employment. for example, if you work for one hour during a week and there is a storm, you're still counted as employed. for you not to be counted as employed, you can work no hours and get no pay during the particular survey...
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i've talked to some experts who say sandy, the sandy effect on the jobs is somewhere between 80 and 100,000 jobs in the month of november. so whatever it is you can blame sandy for what 80 to a hundred. add that to whatever the number is and it maybe should be what the number should have been. we are taking a deep dive into understanding the american electorate. it could spell a lot of trouble for republicans going forward. our fiscal cliff-mas gift today alan smith gets down gangnam style. what the senator is saying about the video that's gone viral watching the daily rundown only on msnbc. u see this? oh, let me guess -- more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. ♪ ♪ [ male announcer ] everyone deserve
i've talked to some experts who say sandy, the sandy effect on the jobs is somewhere between 80 and 100,000 jobs in the month of november. so whatever it is you can blame sandy for what 80 to a hundred. add that to whatever the number is and it maybe should be what the number should have been. we are taking a deep dive into understanding the american electorate. it could spell a lot of trouble for republicans going forward. our fiscal cliff-mas gift today alan smith gets down gangnam style....
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kansas city southern should benefit from the auto rebuild that's needed in the wake of hurricane sandy. can't get this stuff to america fast enough. united states fast enough. thanks to the strength of the economy, the increasing volumes with declining costs. the gross margins are expanding, how much do we love that in a rail? however, only affects about 18% of kansas city southern's revenues. they do have some coal exposure, something that's crushed a great many railroads, we know that because we have backed away because of the coal. but they have something the other railroads don't have, consistently high growth, not that low single digit stuff and not susceptible to the cyclical nature of coal or the ongoing war between natural gas and coal in the fight to be fuel for american utilities. and that's why i'm naming it my new favorite railroad. even over and above union pacific, which is always been my favorite. don't get mad at me, union pacific. i used a great union pacific calendar, but it's december. that one's off the wall. anyway -- kansas city southern also saw some exposure to
kansas city southern should benefit from the auto rebuild that's needed in the wake of hurricane sandy. can't get this stuff to america fast enough. united states fast enough. thanks to the strength of the economy, the increasing volumes with declining costs. the gross margins are expanding, how much do we love that in a rail? however, only affects about 18% of kansas city southern's revenues. they do have some coal exposure, something that's crushed a great many railroads, we know that because...
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Dec 7, 2012
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november jobs report comes out and it's expected to be messy between holiday hiring and the aftermalgt of sandy, some analysts say no matter what it shows no one should read much into it. with the holidays upon us how are businesses finding ways to keep jobs and their doors are open while others fail. tom forman went looking for answers in new york. >> amid the bustle of broadway, against the bad economy and the crushing competition at the strand the show goes on. it started more than 80 years ago. this independent bookstore has beaten the odds surviving the great depression, world war ii and fred bass, who was a baby when his dad started the strand says the store is enduring these tough times, too. >> we have good books and good prices. lately we've been selling a lot of new books at discount, but it's mostly used book or out of print books. >> the strand's eclectic approach allows it to appeal to a broad array of clients hunting the trivial and treasured on the shelves like this rare copy of uli. >> the strand success is about more than inventory. employees top to bottom must possess a deep k
november jobs report comes out and it's expected to be messy between holiday hiring and the aftermalgt of sandy, some analysts say no matter what it shows no one should read much into it. with the holidays upon us how are businesses finding ways to keep jobs and their doors are open while others fail. tom forman went looking for answers in new york. >> amid the bustle of broadway, against the bad economy and the crushing competition at the strand the show goes on. it started more than 80...
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Dec 8, 2012
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. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. we're at walmart talking about the low price guarantee with brandy who is stocking up for the holidays. look at that price. that's great! if you find a lower advertised price, walmart will match it at the register. really? yeah. there you have it. oh my goodness! that's the walmart low price guarantee. see for yourself. bring in your last receipt and see how much you can save. be ready. with the season's tastiest brands. like farm rich mozzarella bites. bite-sized and loaded with mozzarella cheese. walmart has everything you need to be ready for holiday hosting. with our low price guarantee backed by ad match. walmart. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fas
. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. we're at walmart talking about the low price guarantee with brandy who is stocking up for the holidays. look at that price. that's great! if you find a lower advertised price, walmart will match it at the register. really? yeah. there you have it. oh my goodness! that's the walmart low price guarantee. see for...
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Dec 8, 2012
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. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ish
. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table...
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Dec 5, 2012
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then the head of fema testified on capitol hill about the government's response hurricane sandy. later, we will re-air the senate debate on the u.n. treaty for the disabled. >> and tomorrow morning's "washington journal", peter welch, on the latest development of the fiscal cliff negotiation. after that, joe shaw looks at the estate tax, which is set to go up the end of the year plus, your e-mails, phone calls, and tweets. "washington journal" is live at 7:00 a.m. eastern on c-span. now come in a discussion of how the military and national security might be a affected by spending cuts at the first of the year. part of the so-called fiscal cliff. former chairman of the joint chiefs of staff, mike mike mullen, was joined at how services committee. this is a less than an hour. >> good afternoon. thank you for coming. my name is peter peterson. i would like to give you a review of why we are supporting this project today. starting about 30 years ago, after studying the profound demographic trends, on the vast and unfunded promise we have made. i have decided was not unsustainable, bu
then the head of fema testified on capitol hill about the government's response hurricane sandy. later, we will re-air the senate debate on the u.n. treaty for the disabled. >> and tomorrow morning's "washington journal", peter welch, on the latest development of the fiscal cliff negotiation. after that, joe shaw looks at the estate tax, which is set to go up the end of the year plus, your e-mails, phone calls, and tweets. "washington journal" is live at 7:00 a.m....
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Dec 10, 2012
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one reason is, sandy, i think it was, indicated cannot be aryans to respond to credible threats of force. you looked at the hostage crisis it was resolved when the ron reagan was elected. you read the biographies of the hostage-takers, they act like a cowboy. their release the hostages the moment he was sworn in. it's not that well-known, but the soviets were taken hostage at their embassy at the same time. the soviets threatened to bomb tehran. their hostages were let go. it's also important to note that the iran-iraq board came to an end when the u.s. mistakenly shot down an iranian civil airline. the iranians thought, well, the u.s. is going to get into this war no-holds-barred and the ayatollah made a speech. during the poisoned chalice. the cards were such that he had to simply take the best deal he could. that recommending they bond in iranian airline. on to say their is a lesson there. they backed down in the face of a credible threat of force. at the same time, if you were the iranians your thinking to yourself, well, what can i learn from the example of india and pakistan? they
one reason is, sandy, i think it was, indicated cannot be aryans to respond to credible threats of force. you looked at the hostage crisis it was resolved when the ron reagan was elected. you read the biographies of the hostage-takers, they act like a cowboy. their release the hostages the moment he was sworn in. it's not that well-known, but the soviets were taken hostage at their embassy at the same time. the soviets threatened to bomb tehran. their hostages were let go. it's also important...